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Edelman Engines has $18 billion in total assets - of which cash and equivalents total $80 million. Its balance sheet shows $2.7 billion in current

image text in transcribed Edelman Engines has $18 billion in total assets - of which cash and equivalents total $80 million. Its balance sheet shows $2.7 billion in current liabilities - of which the notes payable balance totals $0.87 billion. The firm also has $8.1 billion in long-term debt and $7.2 billion in common equity. It has 400 million share of common stock outstanding, and its stock price is $24 per share. The firm's EBITDA totals $1.248 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places. M/B: EV/EBITDA

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